Shipment Entry — Rates Tab

Use this tab to:

• Change the rate type, rate date, and exchange rate for converting the document amount from the customer's currency to your functional (home) currency.

• If you are invoicing shipped goods, change the rate information for the invoice.

• Enter or derive the rate for converting tax amounts to the tax reporting currency (if you report taxes in a different currency than you collect them).

If Order Entry automatically calculates the tax amount in the tax reporting currency, the program will use the Tax Reporting Currency Exchange Rate on the Rates tab.

If you manually enter the tax amount in the tax reporting currency, use the Derive Rate button on the Rates tab to calculate the actual exchange rate for the tax reporting currency.

The rates tab can show three groups of rates information — for the order, for the shipment, and for the invoice (if you are creating an invoice). You cannot edit the order rate information.

This tab appears only if:

• You use multicurrency accounting.

• You are entering a document for a customer who does not use your company’s functional currency.

For information about another tab, choose its tab:

 

Shipment	Customer	Taxes	Retainage
Optional Fields	Sales Split	Totals

See also

 

Shipment Entry — overview